But the catch is Spotlite will get to keep HALF of all mining proceeds.

It can also only be rented for £2,954 over 24 months - and the value of Bitcoin could plunge in that time, leaving investors out of pocket.

In a process designed to mimic the process of mining precious metal, new Bitcoin can be created by computer processors carrying out intensive mathematical solutions over a lengthy process to "verify" new Bitcoin.

Each of the rigs will be leased out to members of the public who will pay a fee to Kodak to mine Bitcoin for them, which will be shared between the company and the customer.

At Bitcoin's current value, an up-front investment of $4,000 (£2,954) for 24 months of mining could earn a profit of £277 a month, Spotlite's Halston Mikail told the BBC.

The Virtual Currency Girls are due to hold their debut live concert in Tokyo on Friday, according to their management company Cinderella Academy.

In keeping with the theme, payment for merchandise will be accepted only in virtual currencies.

"We want to promote the idea through entertainment that virtual currencies are not just a tool for speculation but are a wonderful technology that will shape the future," said the group's leader Rara Naruse, 18, in an online statement.

The value of Bitcoin, like all currencies, is determined by how much people are willing to exchange it for.

To process Bitcoin transactions, a procedure called 'mining' must take place, which involves a computer solving a difficult mathematical problem with a 64-digit solution.

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